FIG shrugs off looming risks as primary booms

By Tyler Davies
08 Mar 2017

FIG issuers have jumped into red hot primary markets in all currencies this week, and a growing pipeline suggests there will be little let-up in activity, despite weaker secondary markets and looming political and economic events that threaten to dent confidence.

Bankers spoke of very low execution risk as bank issuers pursued opportunistic deals or finished off planned trades on the back of roadshows.

The strength of appetite for new debt has allowed peripheral European names to hit the market and raise capital at costs that may not have seemed ...

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